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Underwriting Specialist Salary
in Maryland, United States

$35,113 (USD)

Average Salary

$17/hr

Average Hourly

$2,683

Average Bonus

Salary Recap

The average pay for an Underwriting Specialist is $35,113 a year and $17 an hour in Maryland, United States. The average salary range for an Underwriting Specialist is between $24,505 and $43,616. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Maryland, United States.

Average Salary Chart

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Job Summary

Description:
  • Develops, grows, and maintains a diversified book of business by maintaining relationships with Agents and Brokers, effective underwriting decision making, and utilizing underwriting tools, systems, and expert resources.
  • Manages a large complex book of business; analyzes the portfolio; analyzes account information for large and complex accounts; evaluates risks and controls; identifies areas of opportunity for improved growth, profit, and diversification; and executes marketing plans to increase market share with preferred brokers.
  • Develops relationships with Agents and Brokers through responsive service, site visits, in person renewal meetings, and/or enhanced knowledge of their customers' businesses.
  • Evaluates opportunities for the organization by qualifying accounts; identifying, selecting, and assessing risks; determining the premium, policy terms, and conditions; and obtaining approvals.

Salary Potential

Estimated salary in 2023:
$40,706
5 Year Change:
16 %

Education

Education data not available for this job

Skills

Skills data not available for this job

Underwriting Specialist Job Listings for Maryland, United States

Underwriter - (Commercial - Multifamily)
Nov 26
Bethesda, MD, USA
Trandon Associates, Inc
They will be responsible for managing the underwriting process from the time a term sheet is received until the loan is approved by the Executive Loan Committee and closed by legal. Loans are secured ...
Market Facing Underwriter, Contract Surety
Dec 13
Owings Mills, United States
Zurich North America
As a member of Zurich's Surety Underwriting Team you will enjoy the opportunity to fully apply and hone your underwriting and marketing skills. Specifically, you will underwrite and analyze new and ...
Senior Underwriter
Dec 3
Rockville, United States
KAISER
... Underwriting and authority guidelines and state and federal laws for existing and prospective business. - Develop and execute account and/or book of business plans to ensure attainment of goals ...
Underwriter / Sr. Underwriter
Oct 6
Towson, MD, USA
Chesapeake Employers' Insurance Company
Develop and analyze underwriting data to determine if risks meet company-underwriting standards within an assigned territory. Develop and achieve Agency Business plans relative to expected new ...
Insurance Specialist--Statewide $115k+ 1st yr
Oct 1
Baltimore, MD, USA
The England Agency
We need a field underwriter who will call clients, set appointments, and go to their home for about 45 minutes and help them choose the mortgage protection plan that best fits their needs and budget
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